Which? uses cookies to improve our sites and by continuing you agree to our cookies policy

Campaigns | Fees and charges

Fees and charges campaign media image 374659
Success

Barclays simplifies mortgage fees

In good news for our Sneaky Fees and Charges campaign, Barclays has announced that it has simplified its mortgage fees.

Over the last 18 months Barclays has reduced the number of fees and charges on its mortgages from 21 to six.

Simpler fees

The changes include:

- £150 withdrawal fee removed

- Final Repayment Charge reduced from £275 to £80 for new mortgages

- £25 charge for additional requests for information removed

- £100 arrears litigation and enforcement fees removed

- £150 further advance admin fee for new mortgages

Our research published last month found that there were more than 40 different fees and charges across the market.

We've been campaigning for George Osborne to make it easier for people to compare the cost of mortgages.

In a win for our campaign, the Chancellor announced in the Autumn Statement on 3rd December that he has asked the industry to work with Which? to develop new guidance on how fees should be displayed and charged. We will report back to the Chancellor within six months.

Take action

Sign our petition to stop sneaky fees and charges

122,290
petition signatures
Help us reach 125,000

Recent Supporters

  • Shane about 11 hours ago
  • Pamela about 14 hours ago
  • karen about 15 hours ago
  • Sharon about 16 hours ago
  • Halil about 17 hours ago